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Press release: IIX Supports India-based ERC Eye Care in Securing US$1 Million Investment
ERC Eye Care (ERC), an impact enterprise that delivers accessible, affordable and inclusive eye care to low-income persons in Northeast India, has raised a US$1 million pre-Series A round. A consortium of five investors was brought together by Impact Investment Exchange (IIX), led by existing investors Ankur Capital and Ennovent. Amongst the round’s investors was a strategic investment from the North East Development Finance Initiative (NEDFi), a Government of India initiative making its first impact-focused investment. Two international investors from Japan and Europe also participated in the consortium.
- Categories
- Health Care, Impact Assessment
- Region
- South Asia
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Helping Low-Income Patients Breathe Easier: Three Solutions to Oxygen Market Failures
For a child with severe pneumonia—and every other patient struggling for breath—access to oxygen is a matter of life or death. And even though oxygen is just as important to hospitals and clinics as electricity and water, market failures stand between oxygen and the people who need it. While medicines and vaccines are its primary focus, the global NGO PATH recently zeroed in on how to improve oxygen supplies in low- and middle-income countries.
- Categories
- Health Care
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Value, Not Volume: Four Ways Entrepreneurs Can Help Restore Trust in India’s Health Care Providers
India’s health care providers are facing a crisis of public distrust, and at its root is the way care is paid for. Most health care is delivered by the private sector, where providers earn based on the quantity of procedures, tests and consultations delivered – whether or not those services make patients healthier. Patients know that this profit motive can lead to excessive and costly care, but most have neither the knowledge nor confidence to question a provider’s judgment. Chintan Maru discusses ways to restore their trust.
- Categories
- Entrepreneurship, Health Care
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Six Ways MarketBookshelf.com Can Improve How We Share Global Health Market Research
Preventing research duplication in the global health arena is critically important – but it's also beyond challenging, given the large number of organizations working at country, regional and global levels. It's with these challenges in mind that organizers have launched MarketBookshelf.com, a new, one-stop platform for sharing global health market literature. The site aims to consolidate market literature across donors, sectors and health areas to improve – and ultimately change – how the global health market community disseminates its research.
- Categories
- Health Care, Technology
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Press release: GDI and HealthEnabled announce the Global Digital Health Index
Integrating technologies such as mobile phones, tablets, remote patient monitoring devices, and sensors into health systems can save lives, extend the reach of healthcare services, and reduce healthcare costs – yet many countries face persistent challenges in implementing sustainable digital health solutions at scale.
- Categories
- Health Care, Technology
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Rwanda has shown that healthcare innovation in the developing world means more than investing in technology
As one commentator has recently highlighted, Rwanda’s economic output adds up to roughly 700 US$ per person, less than one eightieth of the average economic output of an American citizen. And yet today, a new born baby in Rwanda can expect to live to 64, only 15 years less than an American baby. That’s a phenomenal achievement.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Doctors on the cusp of launching the first male contraceptive
Despite a survey from 2000 that found 83 percent of men from various countries would take a contraceptive, pharmaceutical companies seem reluctant to pursue a male contraceptive beyond what is already on the market. Without backing from big pharma, some small companies are receiving grants from large public health organizations, such as the Bill and Melinda Gates Foundation, which in 2016 donated $600,000 for the development of male contraceptives.
- Categories
- Health Care
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Johnson & Johnson launches $600k global e-health challenge
International healthcare firm Johnson & Johnson has launched the GenH Challenge, a global social venture competition that will award a total of US$600,000 in cash prizes to locally-tailored and globally-relevant solutions to enduring health challenges.
- Categories
- Health Care
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